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Accumulated Other Comprehensive Loss and Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Activity
The following tables detail the accumulated other comprehensive loss activity for the 2019 first half and 2018 first half:
($ in millions)
Foreign Currency Translation Adjustments
 
Derivative Instrument and Other Adjustments
 
Accumulated Other Comprehensive Loss
Balance at year-end 2018
$
(403
)
 
$
12

 
$
(391
)
Other comprehensive income (loss) before reclassifications (1)
71

 
(2
)
 
69

Reclassification of income
—

 
(4
)
 
(4
)
Net other comprehensive income (loss)
71

 
(6
)
 
65

Balance at June 30, 2019
$
(332
)
 
$
6

 
$
(326
)

($ in millions)
Foreign Currency Translation Adjustments
 
Derivative Instrument and Other Adjustments
 
Accumulated Other Comprehensive Loss
Balance at year-end 2017
$
(23
)
 
$
6

 
$
(17
)
Other comprehensive income (loss) before reclassifications (1)
(247
)
 
8

 
(239
)
Reclassification of losses
8

 
8

 
16

Net other comprehensive income
(239
)
 
16

 
(223
)
Adoption of ASU 2016-01
—

 
(4
)
 
(4
)
Balance at June 30, 2018
$
(262
)
 
$
18

 
$
(244
)

(1) 
Other comprehensive (loss) income before reclassifications for foreign currency translation adjustments includes intra-entity foreign currency transactions that are of a long-term investment nature, which resulted in gains of $2 million for the 2019 first half and $38 million for the 2018 first half.
Changes in Shareholders' Equity
The following tables detail the changes in common shares outstanding and shareholders’ equity for the 2019 first half and 2018 first half:
(in millions, except per share amounts)
 
 
Common
Shares
Outstanding
 
 
Total
 
Class A
Common
Stock
 
Additional
Paid-in-
Capital
 
Retained
Earnings
 
Treasury 
Stock,
at Cost
 
Accumulated
Other
Comprehensive
Loss
339.1

 
Balance at year-end 2018
$
2,225

 
$
5

 
$
5,814

 
$
8,982

 
$
(12,185
)
 
$
(391
)
—

 
Adoption of ASU 2016-02
1

 
—

 
—

 
1

 
—

 
—

—

 
Net income
375

 
—

 
—

 
375

 
—

 
—

—

 
Other comprehensive income
31

 
—

 
—

 
—

 
—

 
31

—

 
Dividends ($0.41 per share)
(139
)
 
—

 
—

 
(139
)
 
—

 
—

1.7

 
Share-based compensation plans
(62
)
 
—

 
(108
)
 
—

 
46

 
—

(6.7
)
 
Purchase of treasury stock
(828
)
 
—

 
—

 
—

 
(828
)
 
—

334.1

 
Balance at March 31, 2019
1,603

 
5

 
5,706

 
9,219

 
(12,967
)
 
(360
)
—

 
Net income
232

 
—

 
—

 
232

 
—

 
—

—

 
Other comprehensive income
34

 
—

 
—

 
—

 
—

 
34

—

 
Dividends ($0.48 per share)
(159
)
 
—

 
—

 
(159
)
 
—

 
—

0.2

 
Share-based compensation plans
30

 
—

 
23

 
—

 
7

 
—

(3.7
)
 
Purchase of treasury stock (1)
(500
)
 
—

 
—

 
—

 
(500
)
 
—

330.6

 
Balance at June 30, 2019
$
1,240

 
$
5

 
$
5,729

 
$
9,292

 
$
(13,460
)
 
$
(326
)
(1) 
At the end of the 2019 second quarter, we made purchases of shares of our common stock totaling $100 million, which settled in cash in the 2019 third quarter.
(in millions, except per share amounts)
 
 
Common
Shares
Outstanding
 
 
Total
 
Class A
Common
Stock
 
Additional
Paid-in-
Capital
 
Retained
Earnings
 
Treasury 
Stock,
at Cost
 
Accumulated
Other
Comprehensive
Loss
359.1

 
Balance at year-end 2017 (as previously reported)
$
3,731

 
$
5

 
$
5,770

 
$
7,391

 
$
(9,418
)
 
$
(17
)
—

 
Adoption of ASU 2014-09
(149
)
 
—

 
—

 
(149
)
 
—

 
—

359.1

 
Balance at year-end 2017 (as adjusted)
3,582

 
5

 
5,770

 
7,242

 
(9,418
)
 
(17
)
—

 
Adoption of ASU 2016-01
—

 
—

 
—

 
4

 
—

 
(4
)
—

 
Adoption of ASU 2016-16
372

 
—

 
—

 
372

 
—

 
—

—

 
Net income
420

 
—

 
—

 
420

 
—

 
—

—

 
Other comprehensive income
162

 
—

 
—

 
—

 
—

 
162

—

 
Dividends ($0.33 per share)
(118
)
 
—

 
—

 
(118
)
 
—

 
—

1.3

 
Share-based compensation plans
(48
)
 
—

 
(85
)
 
—

 
37

 
—

(5.6
)
 
Purchase of treasury stock
(782
)
 
—

 
—

 
—

 
(782
)
 
—

354.8

 
Balance at March 31, 2018
3,588

 
5

 
5,685

 
7,920

 
(10,163
)
 
141

—

 
Net income
667

 
—

 
—

 
667

 
—

 
—

—

 
Other comprehensive income
(385
)
 
—

 
—

 
—

 
—

 
(385
)
—

 
Dividends ($0.41 per share)
(145
)
 
—

 
—

 
(145
)
 
—

 
—

0.1

 
Share-based compensation plans
45

 
—

 
43

 
—

 
2

 
—

(6.2
)
 
Purchase of treasury stock
(850
)
 
—

 
—

 
—

 
(850
)
 
—

348.7

 
Balance at June 30, 2018
$
2,920

 
$
5

 
$
5,728

 
$
8,442

 
$
(11,011
)
 
$
(244
)